Development

Ziel Feldman (Getty, iStock)

HFZ lays off staff as legal and financial problems mount

HFZ Capital Group has laid off a number of employees as the developer’s financial and legal troubles mount. Two...

HFZ lays off staff as legal and financial problems mount
The effort is meant to address concerns among residents about rising rents and supply shortages (Unsplash)
National Weekend Edition

Here’s how South Korea plans to create 100K units of housing

The South Korean government wants to convert empty hotels and office buildings into over 100,000 residential units over the...

Here’s how South Korea plans to create 100K units of housing
A rendering of Gowanus Green and HPD commissioner Louise Carroll (Rendering via Jonathan Rose Companies)

Massive Gowanus development will be 100% affordable

Gowanus Green, a massive residential complex planned for the industrial Brooklyn neighborhood, is going fully affordable. The de Blasio...

Massive Gowanus development will be 100% affordable
A rendering of 153-10 88th Avenue in Jamaica (Photo via Zara Realty)

Zara Realty plans 218K-sf Jamaica development

Zara Realty is planning a mixed-income residential development in Jamaica, Queens. The 218,000-square foot residential building, at 153-10 88th...

Zara Realty plans 218K-sf Jamaica development
Sheldon Solow (Getty)

Billionaire developer Sheldon Solow dies at 92

Sheldon Solow, the billionaire developer known for his litigious tendencies, died at the age of 92. The cause of...

Billionaire developer Sheldon Solow dies at 92
Sapir Corp's Alex Sapir and Sharon Raz 

Sapir Corp names Sharon Raz CEO

Sapir Corp has named former Elad U.S. Holding CFO Sharon Raz as its next CEO, the development firm announced Monday. The appointment comes a week after the company’s previous CEO, Amir Richulsky, resigned to...

Sapir Corp names Sharon Raz CEO
New York Wheel (S9 Architecture|Perkins Eastman; Pixabay)

Going in circles: Dueling New York Wheel lawsuits emerge

The New York Wheel, the Staten Island waterfront project that would have been the largest observation wheel in the...

Going in circles: Dueling New York Wheel lawsuits emerge

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